True/False
A bank is not required to pay a check presented more than three months after its date.
Correct Answer:
Verified
Related Questions
Q2: Although a drawer has stopped payment on
Q3: An overdraft is treated as a loan
Q4: A written stop payment order is binding
Q5: The delivery of a check is an
Q6: A tender occurs when the holder of
Q8: In theory, a valid check can be
Q9: A drawer may be held criminally liable
Q10: An "encryption" warranty is a warranty made
Q11: Most states provide that if a dishonored
Q12: The drawer of a check is always
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents